Wednesday, October 30, 2013

GHMC Crisis Center

Struggling GMHC Plans to Break Lease and Leave Expensive Offices

DNAinfo New York reports:
The city's largest AIDS services organization is quietly planning to move out of its expensive new offices — just two years after moving in — after it made layoffs and pay cuts to be able to pay its astronomical $389,000 monthly rent, DNAinfo New York has learned.  
GMHC, which sources said spent millions to move into new offices on West 33rd Street in 2011, has begun to work with Studley, a real estate firm that represents tenants, in the hopes of finding a cheaper space, according to multiple sources familiar with the situation.
 Apparently it's not the first time the Gay Men's Health Crisis has broken its lease, either. Read HERE.

The good news is, I think THIS might be why donations are down. But there's still a lot of work to do.

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